Austin is going to perform worse, both for multifamily asset values and rent growth, than Chicago, in 2024, and likely into 2025 as well. 

It's a cute little 2bed/2bath on bluff mountain and it's performing better than I could have imagined.  

I would think this is a common practice that lenders perform, but if not....message me.

(Note: These are non-negotiable requirements that must be provided) MBE/WBE/Prevailing Wage: All projects that seek City assistance are required to have a certain percentage of Total Project Costs (TPC) that are being performed by certified Minority Business Enterprises (MBE) 26% and Women Business Enterprises (WBE) 6%, as well as have labor costs that pay prevailing wage as defined by the State of Illinois.

Would I rather own an AirBNB in Galveston for the next five years where a permit currently costs $250 a year and a correctly bought deal can still perform exceptionally, or in NYC where I can no longer operate now and for the foreseeable future?

As far taking a $1K loss a month, maybe talk to different prop mgmt companies to see if you can get a better deal or if your property needs any upgrades that you can perform in order to ask for a better or higher rent, something to consider.

So, they think it's done and high-performing and you think it needs a complete makeover so you would be paying up to renovate.

Also a comment about someone saying it’s the student who doesn’t perform - as a coach / teacher do these people take someone’s money knowing they will fail?

As long as the agent is performing the uniform duties listed in an exclusive right-to-buy listing contract (5.1.6.

But the buyer and his lender were not going to perform in time of the 30 day contract as they promised initially.